Tencent rumored to want SoftBank's share of Supercell

May 24, 2016

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Tencent is reportedly in talks with SoftBank to acquire its majority stake in Supercell, the Finnish mobile game developer behind "Clash of Clans." Softbank acquired its majority stake in Supercell for $1.53 billion in 2013 and made another investment in 2015 to take its stake to around 78%. The game developer was rumored to be valued at roughly $5 billion when SoftBank made its additional investment.